114
114
Jan 15, 2013
01/13
by
KICU
tv
eye 114
favorite 0
quote 0
> > think about it: 2012, the end of the year, we didn't know where we were in taxes, people selling off lots of things, not knowing where capital gains were going to go. now that money is hot. it needs a place to go. people are not thinking interest rates are the place. they are thinking the stock market. they're looking for dividend returns and appreciation. and so far, that is what they are getting. so even on the brakes in the stock market, we are seeing new money flows - big new money flows - coming into the market now. and that will probably continue another week or two. then we'll get back to what i call more normal trading. > commodities traders are on their toes these days, especially with the crop news that has been coming in - we have drought issues, cold issues, and frost issues over in california. what is happening? > > one of the amazing things is, normally when you get a report - we did on friday on final acreage so you can figure out your supplies to a large degree, you often get a limit move one way or the other. they did this report at 11:00 in the session. brand ne
> > think about it: 2012, the end of the year, we didn't know where we were in taxes, people selling off lots of things, not knowing where capital gains were going to go. now that money is hot. it needs a place to go. people are not thinking interest rates are the place. they are thinking the stock market. they're looking for dividend returns and appreciation. and so far, that is what they are getting. so even on the brakes in the stock market, we are seeing new money flows - big new...
150
150
Jan 15, 2013
01/13
by
FOXNEWSW
tv
eye 150
favorite 0
quote 0
say they they make up 16% of the taxes collectle in the country. all the different argument. what about the concern over the country's fiscal situation. and how it factors in to this particular disaster relief bill after the house passed the $9 billion relief bill, the first tranche of relief the last two weeks. new jersey governor chris christie criticized for the delay to this point. thenate doing something two weeks ago. it seems to me that the criticism it's a blunt instrument. 1.6% of discretionary spending lop it off and throw it away. if you look at priest proposals, doing away with the legal services and you think wait a minute. there is a political agenda here being pursued by people who want to do away with the discretionary spending. the comeback has been this is the first time. you have never had a situation where disaster relief has been attached to, the compensatory cuts in the rest of the budget. >> bret: right. that is a fair point. they makebe is that to tie all of this together has not happened before. it didn't happen in katrina and it didn't happen in othe
say they they make up 16% of the taxes collectle in the country. all the different argument. what about the concern over the country's fiscal situation. and how it factors in to this particular disaster relief bill after the house passed the $9 billion relief bill, the first tranche of relief the last two weeks. new jersey governor chris christie criticized for the delay to this point. thenate doing something two weeks ago. it seems to me that the criticism it's a blunt instrument. 1.6% of...
73
73
Jan 16, 2013
01/13
by
CSPAN2
tv
eye 73
favorite 0
quote 0
we already took a step in that direction in the tax reform bill that we pass the tax bill, the so-called p's provision. we have to look at it better. there's a proposal, and where's the budget? well, the president had in budget proposals a 28% limit on deductions itemized deductions, and i think we need to look at that, but carefully, charitable contributions, for example, mortgage interests, state and local taxes so that's a major area and the president proposed essentially $600 or $700 billion in ten years from that areament i don't think we can now obtain that much even if we adopt the president's 28% limit, but -- >> host: why not? >> guest: why not? because i think we have to look at the impact on charitable contributions. most -- half of the charitable contributions in the country, a lot of us, most contribute something, but a lot comes from the very wealthy. i think we need to be careful we don't come too -- come down too hard -- >> host: we need more coffee. >> guest: we have to look at that, and, also, let me mention interest. most viewers probably don't know what carrieded inte
we already took a step in that direction in the tax reform bill that we pass the tax bill, the so-called p's provision. we have to look at it better. there's a proposal, and where's the budget? well, the president had in budget proposals a 28% limit on deductions itemized deductions, and i think we need to look at that, but carefully, charitable contributions, for example, mortgage interests, state and local taxes so that's a major area and the president proposed essentially $600 or $700...
82
82
Jan 16, 2013
01/13
by
MSNBCW
tv
eye 82
favorite 0
quote 0
how to stop talking about legitimate rape and insulting women, science 101, creating tax breaks and tax shelters for millionaire campaign donors and, after that ppp poll showing how unpopular congress really is, there's how to increase our approval ratings. what root canals, traffic jams, cockroaches, and head lice are doing to us. and republicans are presumably doing wrong i guess. >>> up next, the house of representatives will be voting tonight on a big aid package for the victims of hurricane sandy. but will republicans go along with it? especially from the south. you're watching "hardball," the place for politics. southern tornado, for example, no one raised the question of spending cuts. but now in the northeast, when the aid was needed there, this issue of fiscal conservatism and trying to trim the budget in one place to help others elsewhere became so heated. so what you've got now is it was a process but they have passed more than $50 billion in aid. it covers a range of things including money for fema to rebuilding transportation and so forth. it has to go back to the senate, b
how to stop talking about legitimate rape and insulting women, science 101, creating tax breaks and tax shelters for millionaire campaign donors and, after that ppp poll showing how unpopular congress really is, there's how to increase our approval ratings. what root canals, traffic jams, cockroaches, and head lice are doing to us. and republicans are presumably doing wrong i guess. >>> up next, the house of representatives will be voting tonight on a big aid package for the victims of...
87
87
Jan 15, 2013
01/13
by
CSPAN2
tv
eye 87
favorite 0
quote 0
tax bill. and, because there's so much of the lessons is, so much to complain about. the business roundtable has been out there leading the charge in single, this is crazy. our corporate tax rate is now the highest in the world. putting us in a pretty bad position. so, you know, again, i almost never say this, but this does come down to leadership, and this does come down to three people. the president, somebody innocent, and somebody in the house. been willing to put aside all the special interests, lock the lobbyists out of the room, and come up with a tax bill. people know what should be in it, right? we know that there's a lot of justice done -- a lot of injustice done in the tax bill. but it does take that kind of moment to happen. it did happen once before in our lifetimes, and maybe it will happen again. and hoping maybe even this year or next year spend your optimistic? >> i actually am, only because in what happened in the discussion about the deficit is that it opened up a discussion
tax bill. and, because there's so much of the lessons is, so much to complain about. the business roundtable has been out there leading the charge in single, this is crazy. our corporate tax rate is now the highest in the world. putting us in a pretty bad position. so, you know, again, i almost never say this, but this does come down to leadership, and this does come down to three people. the president, somebody innocent, and somebody in the house. been willing to put aside all the special...
90
90
Jan 16, 2013
01/13
by
MSNBCW
tv
eye 90
favorite 0
quote 0
how to stop talking about legitimate rape and insulting women, science 101, creating tax breaks and tax shelters for millionaire campaign donors and, after that ppp poll showing how unpopular congress really is, there's how to increase our approval ratings. what root canals, traffic jams, cockroaches, and head lice are doing to us. and republicans are presumably doing wrong i guess. >>> up next, the house of representatives will be voting tonight on a big aid package for the victims of hurricane sandy. but will republicans go along with it? especially from the south. you're watching "hardball," the place for politics. ♪ this is amazing, how did you find us? i thought we might be related, so i had a fiber analysis done and sure enough, we're family. but you're not even shredded. you're...crunchy?! that happens sometimes. and you help keep people full with whole grain fiber? just like you guys. [ female announcer ] they're different, but the same. new frosted mini-wheats crunch. a tasty square packed with a crunch... [ crunch! ] ...of whole grain fiber that helps keep you full. it's a b
how to stop talking about legitimate rape and insulting women, science 101, creating tax breaks and tax shelters for millionaire campaign donors and, after that ppp poll showing how unpopular congress really is, there's how to increase our approval ratings. what root canals, traffic jams, cockroaches, and head lice are doing to us. and republicans are presumably doing wrong i guess. >>> up next, the house of representatives will be voting tonight on a big aid package for the victims of...
113
113
Jan 15, 2013
01/13
by
MSNBCW
tv
eye 113
favorite 0
quote 0
how to stop talking about legitimate rape and insulting women, science 101, creating task breaks and tax shelters for million air campaign donors and after that ppp poll showing how unpopular congress really is, there's how to increase our approval ratings. what root canals, traffic jams, cockroaches, and head lice are doing to us. and republicans are presumably doing wrong i guess. up next, the house of representatives will be voting tonight on a big aide package for the victims of hurricane sandy. but will republicans go along with it? especially from the south. you're watching "hardball," the place for politics. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. >>> i'm sue herera with your cnbc market wrap. the dounl gained 27 points. the s&p gained a point and the nasdaq slipped about 6 points
how to stop talking about legitimate rape and insulting women, science 101, creating task breaks and tax shelters for million air campaign donors and after that ppp poll showing how unpopular congress really is, there's how to increase our approval ratings. what root canals, traffic jams, cockroaches, and head lice are doing to us. and republicans are presumably doing wrong i guess. up next, the house of representatives will be voting tonight on a big aide package for the victims of hurricane...
131
131
Jan 16, 2013
01/13
by
CSPAN
tv
eye 131
favorite 0
quote 0
and that is taxes. we have had that fight and he has won and he got his tax increase and that will raise between $60 billion and $70 billion. but the last deficit was $1.1 trillion. mr. president, what about the other $1 trillion now? what do we do now? we have a 6% solution. it's a great start, if you like raising taxes. but it doesn't address the problems at all. my father was an air force pilot. he was a pilot during world war ii. i had the great honor of serving for 14 years as an air force pilot as well and if there's one thing i learned from my father and those brave women and men that i served with, it is courage. always to have courage. that is what we need now. that is the only thing that can save us. mr. president, members of this body, let us have the courage to do the right thing, even if that thing proves to be hard. our debt is unsustainable. we talk about saving our nation for our children or our grandchildren, we don't have that long. let us take this step -- the steps to restore financi
and that is taxes. we have had that fight and he has won and he got his tax increase and that will raise between $60 billion and $70 billion. but the last deficit was $1.1 trillion. mr. president, what about the other $1 trillion now? what do we do now? we have a 6% solution. it's a great start, if you like raising taxes. but it doesn't address the problems at all. my father was an air force pilot. he was a pilot during world war ii. i had the great honor of serving for 14 years as an air force...
274
274
Jan 15, 2013
01/13
by
CNBC
tv
eye 274
favorite 0
quote 0
than permanent tax cuts. so i think part of it will come out of savings, because people will have saved up, as it were, to prepare themselves for this. but not all of it. we are going to have slower consumer spending, i think, in the first half of the year. my point is, it's not going to be the consumer that's going to be driving things. and we are probably going to have a little bit of a pickup in hiring. we think payroll is going to be 175,000 a month. we had an encouraging pickup in wage increases in the december payroll data. that's not a blip. that's the beginning of a new trend. you are going to see better income numbers. i think when you get that december personal income number that's going to look fairly decent number on the wage side giving consumers some cushion to pay those higher payroll taxes. >> and if we should have a decline in inflation or oil prices or gas prices, that will help, as well. but, john, the question becomes, was what happened on the late in the evening on what was it, december 3
than permanent tax cuts. so i think part of it will come out of savings, because people will have saved up, as it were, to prepare themselves for this. but not all of it. we are going to have slower consumer spending, i think, in the first half of the year. my point is, it's not going to be the consumer that's going to be driving things. and we are probably going to have a little bit of a pickup in hiring. we think payroll is going to be 175,000 a month. we had an encouraging pickup in wage...
119
119
Jan 16, 2013
01/13
by
CSPAN
tv
eye 119
favorite 0
quote 0
, research tax credits, opportunities within the renewable energy area, with production tax credits, all of this being promoted in advance, we need to expand upon those opportunities. because you are right, representative garamendi, it's an investment and requires dollars but those investments provide for lucrative dividends and many more dollars earned than those invested into the progress that we need to strike. . mr. garamendi: i think the tirme that we wrap this all into one piece. i'll take the first shot at it and then if you'd finish it up. i'm thinking of chicago. not my territory. it's a long way from california. beautiful city. very dynamic city. at the turn of the previous century, in the late 1800's, they had an architect, city architect, and he wrote think no small thought for it stirs not the heart of man. very interesting. we ought to add women to that equation now. but what he said is, when we rebuild this city, we need to build big. we need to think bold thoughts. we need to think about the greatness that could exist if we step forward. earlier in the previous hour w
, research tax credits, opportunities within the renewable energy area, with production tax credits, all of this being promoted in advance, we need to expand upon those opportunities. because you are right, representative garamendi, it's an investment and requires dollars but those investments provide for lucrative dividends and many more dollars earned than those invested into the progress that we need to strike. . mr. garamendi: i think the tirme that we wrap this all into one piece. i'll...
153
153
Jan 16, 2013
01/13
by
CNNW
tv
eye 153
favorite 0
quote 0
they pay taxes but don't have a vote in congress. the white house says after living in washington for four year, the president recognizes the unfair answer that d.c. residents face every day. they will be on the vehicles for the duration of the second term. >> george w. bush took it off the car after president clinton used it. but obama didn't put it back, and there was a lot of criticism. so this is throwing those people a bone. >> follow us on facebook and twitter, search for early start cnn. >>> a black eye for boeing. dreamliner jumbo jets grounded by two airlines after another serious incident. another one. we'll have a live report, coming up. so...how'd it go? well, dad, i spent my childhood living with monks learning the art of dealmaking. you've mastered monkey-style kung fu? no. priceline is different now. you don't even have to bid. master hahn taught you all that? oh, and he says to say (translated from cantonese) "you still owe him five bucks." your accent needs a little work. your financial advisor should focus on your l
they pay taxes but don't have a vote in congress. the white house says after living in washington for four year, the president recognizes the unfair answer that d.c. residents face every day. they will be on the vehicles for the duration of the second term. >> george w. bush took it off the car after president clinton used it. but obama didn't put it back, and there was a lot of criticism. so this is throwing those people a bone. >> follow us on facebook and twitter, search for...
59
59
Jan 15, 2013
01/13
by
CSPAN2
tv
eye 59
favorite 0
quote 0
we shouldn't be giving taxpayer handouts to tax cheats. amendment 40 prohibits the distribution of funds to dead people. a common sense antifraud measure. amendments number 41 and 42 require the department of housing housing and urban development apply existing cost recovery provisions when taxpayer money is used to repair a home. currently hud has the option of applying the standard. my amendment requires hud recover the grant money when the home owner sells the home. this amendments make sure that hud makes their their best effort to recover the full amount of the taxpayer grant, and if the home owner has any profits from the sale of the property. in other words, we'll help you, bit of you profit in the sale of your home, you'll repay the taxpayers. we cannot continue to spend. these amendments protect taxpayers. thank you very much. [inaudible] >> thank you, mr. chairman, and the ranking lady. as members of congress we're stewards of the public treasurery and have an obligation to spend the taxpayers' money wisely. i have an amendment t
we shouldn't be giving taxpayer handouts to tax cheats. amendment 40 prohibits the distribution of funds to dead people. a common sense antifraud measure. amendments number 41 and 42 require the department of housing housing and urban development apply existing cost recovery provisions when taxpayer money is used to repair a home. currently hud has the option of applying the standard. my amendment requires hud recover the grant money when the home owner sells the home. this amendments make sure...
160
160
Jan 15, 2013
01/13
by
CSPAN
tv
eye 160
favorite 0
quote 0
these three states pay 16% of the taxes of our great country. but they can't produce if their subways are broken, if their schools are flooded, if the hospitals have been evacuated and the money's not there to help them rebuild. they can't produce, they can't be part of the great economic engine of this country. so i just plead with my colleagues not to have a double standard. not to vote tornado relief to alabama, to louisiana, to mississippi, missouri, to -- with ike, gustav, katrina, rita, but when it comes to the northeast, with the second worst storm in the history of our country, to delay, delay, delay. we need the aid, we need it now. we need the entire package. you can't rebuild a subway station with one brick. you have to do the whole thing. thank you. the speaker pro tempore: the gentlelady's time has expired. the gentleman from oklahoma is recognized. mr. cole: thank you, mr. speaker. i yield myself 30 seconds. again, i associate myself very much with the substance of the gentlelady from new york's remarks. there's no question there's
these three states pay 16% of the taxes of our great country. but they can't produce if their subways are broken, if their schools are flooded, if the hospitals have been evacuated and the money's not there to help them rebuild. they can't produce, they can't be part of the great economic engine of this country. so i just plead with my colleagues not to have a double standard. not to vote tornado relief to alabama, to louisiana, to mississippi, missouri, to -- with ike, gustav, katrina, rita,...
125
125
Jan 14, 2013
01/13
by
FOXNEWSW
tv
eye 125
favorite 0
quote 0
taxes have to be paid through some monies. >> let's say prudent tax policy is based on an idea that taxing consumption as opposed to means of pronunciation like income is a better way to go. that is why they are looking at that in louisiana. transportation is a quality of life issue. it is a business recruitment issue, it's been insold for 20 years in virginia. i'm trying to create a conservative, principled way to do that. i would use public private partnership and put money into transportation. we still have a problem in our major metro areas, i think this is creative way, kill one tax and move it to tax that grows with economic development and that will raise more money for roads. >> neil: 17 cents a gallon you lose on the state tax on gasoline, you'll have to make up initially with a fairly substantial hike in sales taxes, aren't you? >> it goes from 5% to 5.8%. essentially a revenue neutral conversion in year one but it grows because the sales tax grows faster than the gas tax because of inflation. >> neil: so you don't buy the argument that a tax on consumption of any sort limits tha
taxes have to be paid through some monies. >> let's say prudent tax policy is based on an idea that taxing consumption as opposed to means of pronunciation like income is a better way to go. that is why they are looking at that in louisiana. transportation is a quality of life issue. it is a business recruitment issue, it's been insold for 20 years in virginia. i'm trying to create a conservative, principled way to do that. i would use public private partnership and put money into...
SFGTV: San Francisco Government Television
45
45
Jan 15, 2013
01/13
by
SFGTV
tv
eye 45
favorite 0
quote 0
take things for granted without having empirical data we have this habit that we can just spend the tax payers money. i know farmers in the mid-west who are paid not to till the land while half the land they grow corn which when the final product comes out costs $74 a gallon. tank clean energy. so we need to go deeper into it. it's not to say that the deliberation here favors that we do the right thing. we really need to do the right hing with empirical data, not with fluff, and as one who is a philosopher and i go really deep into things and read stuff i will not tolerate fluff. i will expose it. i will shine light where there is darkness. thank you very much. >> thank you. any other members of the public would like to comment? seeing none. we will close public comment. and madam clerk do we have any other items before us? >> no mr. chr app >> hey, guys, known a with the weekly. much to do and much to see. here the top activities at the top of my list. this tuesday, january 15th, the sf main library will feature free film night and reception and celebrate 2013. join itbs for viewing
take things for granted without having empirical data we have this habit that we can just spend the tax payers money. i know farmers in the mid-west who are paid not to till the land while half the land they grow corn which when the final product comes out costs $74 a gallon. tank clean energy. so we need to go deeper into it. it's not to say that the deliberation here favors that we do the right thing. we really need to do the right hing with empirical data, not with fluff, and as one who is a...
273
273
Jan 17, 2013
01/13
by
MSNBCW
tv
eye 273
favorite 0
quote 0
ronald reagan raised the debt ceiling when necessary without complaint, and raised taxes more than once. and reagan was in favor of a ban on assault weapons just like president obama. >> right, and that comment was a way of saying that these are very centrist reforms, really common sense things that most americans agree with. he emphasized that in a few ways and a few times during that time. and i think the framing you're talking about, too, is really important. it is not just guns they're looking at. they're looking at mental health and research, links between violent media. you know, they are looking at more armed school resource officers at schools and providing funding for that. but i think constantly framing it, these are things that just make sense that the majority of americans support. and how can the republicans be so intransigent, not be even willing to discuss or consider any of these measures. >> richard, a month ago we heard the pundits say hand it off to joe biden and you will be involved in a senate committee process and lose all the momentum. well, this president/joe bid
ronald reagan raised the debt ceiling when necessary without complaint, and raised taxes more than once. and reagan was in favor of a ban on assault weapons just like president obama. >> right, and that comment was a way of saying that these are very centrist reforms, really common sense things that most americans agree with. he emphasized that in a few ways and a few times during that time. and i think the framing you're talking about, too, is really important. it is not just guns...
119
119
Jan 16, 2013
01/13
by
MSNBCW
tv
eye 119
favorite 0
quote 0
because there is a large transfer of wealth in tax dollars from the north down to the south. so why they would want to mess with that arrangement is beyond me. >> professor michael eric dyson and ryan grim whose office enjoys watching our broadcast even as he speaks to us, thanks very much. much more ahead. but first sue herrera has the market wrap. >> good afternoon. here's a look how today wall street finished the trading session. it snapped a winning streak. and the dow finishes the trading session on the downside by about 24 points or so. the standard & poor's fractionally higher by a quarter of a point. and the nasdaq up about seven points on the trading session. that's it from cnbc. we are first in business worldwide. martin is back after a very quick break. ♪ ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get marr
because there is a large transfer of wealth in tax dollars from the north down to the south. so why they would want to mess with that arrangement is beyond me. >> professor michael eric dyson and ryan grim whose office enjoys watching our broadcast even as he speaks to us, thanks very much. much more ahead. but first sue herrera has the market wrap. >> good afternoon. here's a look how today wall street finished the trading session. it snapped a winning streak. and the dow finishes...
81
81
Jan 16, 2013
01/13
by
CSPAN
tv
eye 81
favorite 0
quote 0
or other tax. section 2, the congress shall have power to enforce this article by appropriate legislation. amendment 25 othe constitution. section 1, in case of the removal of the president from office or of his death or resignation, the vice president shall become president. section 2, whenever there is a vacancy in the office of the vice president, the president shall nominate a vice president who shall take office upon confirmation by a majority vote of both houses of congress. section 3, whenever the president transmits to the president pro tempore of the senate and the speaker of the house of representatives his written declaration that he is unable to discharge the powers and duties of his office, and until he transmits to them a written declaration to the contrary, such powers and duties shall be discharged by the vice president as acting president. mr. goodlatte: i yield to the gentleman from maryland, mr. delaney. mr. delaney. section -- mr. delaney: section 4, whenever the vice president
or other tax. section 2, the congress shall have power to enforce this article by appropriate legislation. amendment 25 othe constitution. section 1, in case of the removal of the president from office or of his death or resignation, the vice president shall become president. section 2, whenever there is a vacancy in the office of the vice president, the president shall nominate a vice president who shall take office upon confirmation by a majority vote of both houses of congress. section 3,...
86
86
Jan 16, 2013
01/13
by
FBC
tv
eye 86
favorite 0
quote 0
not only do you have to raise the debt ceiling but you -- the republicans have to agree raise taxes. who house th has the gun
not only do you have to raise the debt ceiling but you -- the republicans have to agree raise taxes. who house th has the gun
111
111
Jan 21, 2013
01/13
by
FBC
tv
eye 111
favorite 0
quote 0
they file taxes. now, i know you are against refunds, but do you think it's possible they delay refunds? >> i'm hopeful it's not. i think the reality is congress will do the right thing. possibly suspend the debt ceiling, allow for, you know, lenders to get paid both, you know, people holding treasuries as well as people who are actually lending the government money expecting a refund. gerri: if this gambit from the republicans does not work, are some at risk after not getting the refund? >> anything's possible. look, at the end of the day, if the ceiling is not raised and restrict expenses somewhere, refunds could be down the road. irs says if you electronically file, expect a refund within ten days, similar to last year, but, you know, they could say that now not knowing what's going to happen just, you know, a few weeks from now. gerri: we have no idea. the reality is the irs does not control this. >> absolutely not. gerri: that they have to react,d it takes a long time to make changes that need to
they file taxes. now, i know you are against refunds, but do you think it's possible they delay refunds? >> i'm hopeful it's not. i think the reality is congress will do the right thing. possibly suspend the debt ceiling, allow for, you know, lenders to get paid both, you know, people holding treasuries as well as people who are actually lending the government money expecting a refund. gerri: if this gambit from the republicans does not work, are some at risk after not getting the refund?...
126
126
Jan 15, 2013
01/13
by
CSPAN
tv
eye 126
favorite 0
quote 0
or other tax. section 2, the congress shall have power to enforce this article by appropriate legislation. amendment 25 of the constitution. section 1, in case of the removal of the president from office or of his death or resignation, the vice president shall become president. section 2, whenever there is a vacancy in the office of the vice president, the president shall nominate a vice president who shall take office upon confirmation by a majority vote of both houses of congress. section 3, whenever the president transmits to the president pro tempore of the senate and the speaker of the house of representatives his written declaration that he is unable to discharge the powers and duties of his office, and until he transmits to them a written declaration to the contrary, such powers and duties shall be discharged by the vice president as acting president. mr. goodlatte: i yield to the gentleman from maryland, mr. delaney. mr. delaney. section -- mr. delaney: section 4, whenever the vice presiden
or other tax. section 2, the congress shall have power to enforce this article by appropriate legislation. amendment 25 of the constitution. section 1, in case of the removal of the president from office or of his death or resignation, the vice president shall become president. section 2, whenever there is a vacancy in the office of the vice president, the president shall nominate a vice president who shall take office upon confirmation by a majority vote of both houses of congress. section 3,...
135
135
Jan 14, 2013
01/13
by
COM
tv
eye 135
favorite 0
quote 0
taxes raised a bit but no sequester. we saved the lady. but we ourselves had tied to the track. >> the plan would also delay across-the-board spending cuts for defense and most federal agencies. but only for two months. kicking the can on tough decisions to reduce government spending >> jon: did i say save? i meant moved her a half mile further down the track. so these massive spending cuts will coincide with another debt ceiling battle. is there anything in this debacle that we can all agree on? >> house speaker john boehner had kind of a rough week here. the at a party folks not happy with the deal that he struck >> the president was able to get the speaker to undo everything he had promised he would do >> where are you? mr. speaker, we need leadership. >> tonight i am ashamed, shame on you, mr. speaker. >> jon: republican or democrat, senator or congressman, team edward or team jacob, everyone agrees john boehner sucks. at least we can be assured that as the incoming congress votes for a new speaker of the house, it's clear what the out
taxes raised a bit but no sequester. we saved the lady. but we ourselves had tied to the track. >> the plan would also delay across-the-board spending cuts for defense and most federal agencies. but only for two months. kicking the can on tough decisions to reduce government spending >> jon: did i say save? i meant moved her a half mile further down the track. so these massive spending cuts will coincide with another debt ceiling battle. is there anything in this debacle that we can...
156
156
Jan 14, 2013
01/13
by
FOXNEWSW
tv
eye 156
favorite 0
quote 0
don't forget the dependency deduction, child tax credit and earned income tax credit. all of which relate to cost of raising kids but have different requirement based on the child's location and legal status. experts say not to expect meaningful tax reform this year. >> you have a clear commitment on the part of president obama and democrats to use tax reform as means of raising extra revenue. not creating re-knew neutrality. if you try to raise revenue out of tax reform you will get higher rates. >> at the news conference, president obama made clear what he thinks about the 4 million words simplifying them or using them to promote economic growth are not priorities. >> from the start, my concern was making sure that we had a tax code that was fair. and protected the middle class. >> another related reason who i the tax code reform never gets done each loophole credit, preference and provision is favored by some interest group or another. which is in turn backed by veritable army of lawyer, accountant fighting to keep them where they are. >> bret: thank you. no grapevi
don't forget the dependency deduction, child tax credit and earned income tax credit. all of which relate to cost of raising kids but have different requirement based on the child's location and legal status. experts say not to expect meaningful tax reform this year. >> you have a clear commitment on the part of president obama and democrats to use tax reform as means of raising extra revenue. not creating re-knew neutrality. if you try to raise revenue out of tax reform you will get...
62
62
Jan 15, 2013
01/13
by
FBC
tv
eye 62
favorite 0
quote 0
even if we go to the brink, they will keep taking the taxes out. tax revenue keeps coming in what washington has to decide is prioritizing what money goes out and where? what do you think is top, top priority. the bill to pay before all others? like if we were in same boat, same emergency we would pay the mortgage or rent first to keep a roof over our head, we prioritize, so does uncle sam like we know we might as well toss our home good-bye. the government knows a default comes only, when obligations to spreadtorcreditors or investorst paid. that is their mortgage emergencies, that upsetting the other stuff, defaulting it is not, that is why some republicans are paying so tough, raise but only if you match in equal spending cut, president said that is crazy, tea party activist thinks that going through this shar charade is cr, what do you think? >> i am so glad that you are pointing this out, i think it is so irresponsible -- i know that very few others in the media are going to point this out. this is a perpetual problem, it is a lie. and it is u
even if we go to the brink, they will keep taking the taxes out. tax revenue keeps coming in what washington has to decide is prioritizing what money goes out and where? what do you think is top, top priority. the bill to pay before all others? like if we were in same boat, same emergency we would pay the mortgage or rent first to keep a roof over our head, we prioritize, so does uncle sam like we know we might as well toss our home good-bye. the government knows a default comes only, when...
110
110
Jan 16, 2013
01/13
by
CNNW
tv
eye 110
favorite 0
quote 0
obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> the new nra ad, which i may say i personally find utterly pathetic. earlier we spoke to the cousins of ashley moser. they have a website. log on to helpash.org if you want to help. i thank my guests. tomorrow the man who called me a you willy for my take on guns, ben shapiro returns. before we go just leave me with an overview of how you feel this has gone tonight. >> listen, it's been a good discussion. but something has to happen. and i hope the president takes a very strong measure tomorrow and i hope congress has the courage to back him up with the appropriate legislation. although i have my doubts because their past has not been any indication that they'll take strong action in the future. but i'll try to be optimistic. listen, i've heard a lot of people talk about reality checks. i've been a cop 42 years. i've been to hundreds if not thousands of crime scenes. don't know how many homi
obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> the new nra ad, which i may say i personally find utterly pathetic. earlier we spoke to the cousins of ashley moser. they have a website. log on to helpash.org if you want to help. i thank my guests. tomorrow the man who called me a you willy for my take on guns, ben shapiro returns. before we...
82
82
Jan 16, 2013
01/13
by
FBC
tv
eye 82
favorite 0
quote 0
the government hiked taxes at the end of the year. what did people do? they sold stock in december. they rolled forward bonus income. about 100 billion of income was taken in december. that money is being reinvested of the a lot of that money has been going into the market. we've seen 22 billion go into u.s. equity mutual fund and etfs. the most in a while. there is even a positive influence to u.s. equity mutual funds, if it lasts through the month, that would be the first inflow since february of 11. liz: that is good. >> yes, there are some positive things. extra money going into the economy has helped. people feel good about it but there is a problem lying in the weeds or woods, whatever, and that is if the income was taken last year, that means income this quarter is going to be down year-over-year you even get to the higher tax rates that are kicking in now. so we're going to have a problem in terms of comparisons both year-over-year and sequentially going forward here. income growth, take-home pay for people, unless there is a phenomenal pickup somewhere in the economy and ce
the government hiked taxes at the end of the year. what did people do? they sold stock in december. they rolled forward bonus income. about 100 billion of income was taken in december. that money is being reinvested of the a lot of that money has been going into the market. we've seen 22 billion go into u.s. equity mutual fund and etfs. the most in a while. there is even a positive influence to u.s. equity mutual funds, if it lasts through the month, that would be the first inflow since...
303
303
Jan 16, 2013
01/13
by
MSNBCW
tv
eye 303
favorite 0
quote 1
obama demands the wealthy pay their fair share of taxes, but he is just another elitest hypocrite when it comes to protection for their kids. >> the nra suffered a big loss in new york today with governor andrew cuomo signing into law the toughest gun control legislation in the country, strengthening the state's existing assault weapons ban. >> going to put rules in place that actually protect innocent people in society. that is what the state of new york is doing today. and it says common sense can win. and good people can win. and you can actually get government to work and get good things to happen. you can overpower the extremists with intelligence and with reason and with common sense. >> the nra immediately released this statement. these gun control schemes have failed in the past and will have no impact on public safety and crime, sadly, the new york legislature gave no consideration to that reality while lawmakers could have taken a step towards strengthening mental health reporting. instead, they opted for stopping the rights of gun owners and they did it under a veil of secre
obama demands the wealthy pay their fair share of taxes, but he is just another elitest hypocrite when it comes to protection for their kids. >> the nra suffered a big loss in new york today with governor andrew cuomo signing into law the toughest gun control legislation in the country, strengthening the state's existing assault weapons ban. >> going to put rules in place that actually protect innocent people in society. that is what the state of new york is doing today. and it says...
159
159
Jan 15, 2013
01/13
by
FOXNEWSW
tv
eye 159
favorite 0
quote 0
they tax a lot. when you thought the tax by the mile thing was in park, a government study proves washington is revving to go. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> neil: i think this is what they call a hybrid to hell. you bought the gas saver to ease your pai
they tax a lot. when you thought the tax by the mile thing was in park, a government study proves washington is revving to go. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of...
91
91
Jan 17, 2013
01/13
by
CSPAN2
tv
eye 91
favorite 0
quote 0
tax base. taxes don't commend, you don't have service. it is something that is tied to a lot of factors that we all try to take a look at that it's almost overwhelming. if you start driving tax bases, how decisions are affecting your future in which her vulnerabilities to disasters are based upon the resiliency of your tax base, it allows us to introduce a lot of these other issues in a way. we are not telling you you can't do something. we are giving you tools for your tax base and what your exposure is. and what that vulnerability looks like the making of budgets decisions. >> i always start with, no matter wherein he go in the world there are disastrous events in communities and one other thing no matter where you go people don't want to leave their homes. quite frankly i think that emotional reaction is exacerbated by the disastrous events. it's an emotional reaction but it's very strong and i remember i met one of the mayors and the region after the earthquake and he said immediately after, this is one of the communities that was lit
tax base. taxes don't commend, you don't have service. it is something that is tied to a lot of factors that we all try to take a look at that it's almost overwhelming. if you start driving tax bases, how decisions are affecting your future in which her vulnerabilities to disasters are based upon the resiliency of your tax base, it allows us to introduce a lot of these other issues in a way. we are not telling you you can't do something. we are giving you tools for your tax base and what your...
131
131
Jan 16, 2013
01/13
by
CNNW
tv
eye 131
favorite 0
quote 0
obama demands the wealthy pay their fair share of taxes but he's another leastic hypocrite when it comes to fair share of security. protection for their kids and gun free zones for ours. >> the new nra ad which i may say i find utterly pathetic. earlier we spoke to the cousins of ashley and they have a website. log on to helpash.org if you want to help. before we go, leave me with an overview of how it has gone tonight. >> it has been a good discussion. something has to happen. i hope the president takes strong measures tomorrow and i hope congress has the courage to back him with the appropriate lesion, although i have my doubt because their past has not been an indication that they will take strong action in the future. i have heard people talk about reality checks. i have been a cop for 42 years. i don't know how many homicide scenes you have been to but i have seen what happens on the street. we are not losing them 26, one or two at a time but every life has value. when you see the carnage on the streets every day. you have to deal with it. >> fascinating debate. thank you very much
obama demands the wealthy pay their fair share of taxes but he's another leastic hypocrite when it comes to fair share of security. protection for their kids and gun free zones for ours. >> the new nra ad which i may say i find utterly pathetic. earlier we spoke to the cousins of ashley and they have a website. log on to helpash.org if you want to help. before we go, leave me with an overview of how it has gone tonight. >> it has been a good discussion. something has to happen. i...
57
57
Jan 15, 2013
01/13
by
CSPAN2
tv
eye 57
favorite 0
quote 0
represents the values and priorities of the public and the decisions being made about what to spend and tax and someone, they are very difficult and contentious decisions that take time to address. >> , those issues, of course, are not the specific purview and why don't we shift gears and talk more explicitly about some of the things that the fed is doing and things that the fed might do. perhaps a way to introduce that is to say that that is in keeping interest rates close to zero, since it has dug pretty deep into an unconventional policy. asset purchases are meant to help in the short term. can you explain that? >> well, monetary policy involved the overnight interest rate up and down and hoping that the rest of the interest rates would move in sympathy. then we get a situation in 2008 where we had dropped the short-term rate down about as far as it could go come almost entirely to zero. so the question is what work did the fed do. there are many people a decade ago event a lot of articles about how the fed would be out of ammunition if they got down to zero. a lot of work by academics a
represents the values and priorities of the public and the decisions being made about what to spend and tax and someone, they are very difficult and contentious decisions that take time to address. >> , those issues, of course, are not the specific purview and why don't we shift gears and talk more explicitly about some of the things that the fed is doing and things that the fed might do. perhaps a way to introduce that is to say that that is in keeping interest rates close to zero, since...
356
356
Jan 18, 2013
01/13
by
FOXNEWSW
tv
eye 356
favorite 0
quote 0
. >> tax fraud appears to be a popular past time in u.n. prisons. a new report by treasurer's department says the irs detected more than 173,000 fraudulent tax returns from inmates last year. that's more than twice the number detected in 2010. some inmates steel identity from obituaries some even use their own but fudge the numbers to try to get much bigger tax refunds they deserve. in 2012 two inmates alone tried to claim more than $1 billion. the good news is the irs says it stopped those two and others from illegally claiming 2.5 billi 2.5 billion in last refunds last year. they are stepping up enforcement but says more needs to be done. $35 million slipped through the cracks and so the irs says it's very successful at detecting and stopping in incorrect refunds when prisoner data is available it adds there are significant challenges getting complete and consistent data from the multiple jurisdictions involved. still the agency says if committed to enhancing the process is to further minimize prisoner refund fraud. >> it is now 44 after the top o
. >> tax fraud appears to be a popular past time in u.n. prisons. a new report by treasurer's department says the irs detected more than 173,000 fraudulent tax returns from inmates last year. that's more than twice the number detected in 2010. some inmates steel identity from obituaries some even use their own but fudge the numbers to try to get much bigger tax refunds they deserve. in 2012 two inmates alone tried to claim more than $1 billion. the good news is the irs says it stopped...
74
74
Jan 17, 2013
01/13
by
FBC
tv
eye 74
favorite 0
quote 0
a lot to our tax funds the they own nearly 20% of the investments from apple stock is that a good idea? >> it depends going forward. gerri: what happened to a different pot? that is ridiculous. >> the rule that mutual funds you should not have more than 10% of any position. gerri: how many growth fund and value fund with the same stock? i think portfolio managers saw the of run up and wanted to get on board whether not yet matched their portfolio plan they plowed a bunch of money into it. >> there was momentum chasing for sure. apple is going through a major transition in terms of the growth profile. it had a hyper growth period now going forward just a normal good growth period the results in a change of ownership. one year ago more growth fund had the stock with a larger percentage from apple. gerri: by so or hold? >> i would hold for sure. exciting for apple going forward we have patterns of period to go into these periods and then slowed down. you do see the a 25% correction but you cannot predict when it sorts out but they are changing the business model. they will become more bra
a lot to our tax funds the they own nearly 20% of the investments from apple stock is that a good idea? >> it depends going forward. gerri: what happened to a different pot? that is ridiculous. >> the rule that mutual funds you should not have more than 10% of any position. gerri: how many growth fund and value fund with the same stock? i think portfolio managers saw the of run up and wanted to get on board whether not yet matched their portfolio plan they plowed a bunch of money...
20
20
tv
eye 20
favorite 0
quote 0
greek lawmakers have turned on a former finance minister accused of hampering a tax probe they voted to investigate george papaconstantinou no over claims he removed his relatives names from a list of tax evasion suspects called lugard list france handed over the names of more than two thousand greeks with swiss bank accounts public constantino claims he's a scapegoat and denies any wrongdoing greece is on a major tax crackdown as it battles the worst ever financial crisis. now the victims of hurricane sandy will finally get the fifty one billion dollar aid they desperately need after the u.s. house of representatives approved a package it took lawmakers over two months to act while the storm survivors struggled with next to no support as a necessity of turkana reports. a gorgeous beach turned coast area. the rockaways in queens one of the places hit hardest by hurricane sandy to want to have months ago still in shambles today miles and miles of devastated businesses residential buildings and houses like this one a place some family probably used to call home now almost literally han
greek lawmakers have turned on a former finance minister accused of hampering a tax probe they voted to investigate george papaconstantinou no over claims he removed his relatives names from a list of tax evasion suspects called lugard list france handed over the names of more than two thousand greeks with swiss bank accounts public constantino claims he's a scapegoat and denies any wrongdoing greece is on a major tax crackdown as it battles the worst ever financial crisis. now the victims of...
134
134
Jan 16, 2013
01/13
by
CNNW
tv
eye 134
favorite 0
quote 0
obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and
obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and
30
30
tv
eye 30
favorite 0
quote 0
george cukor constantino over claims that he removed his relatives names from a list of tax evasion suspects called the god list france handed over the names of more than two thousand groups your swiss bank account to cover constituting the claims that he's been made a scapegoat he denies any wrongdoing greece is in the middle of a major tax crackdown right now as it continues to battle its worst ever financial crisis. friday violence in syria has seen a rocket hit a building in the northern city of aleppo and two car bombs explode in the country's south state media says at least twelve people were killed in the attacks which the rebels and the government blame for each other three days ago twin blasts in aleppo university killed eighty seven people opposition fighters and islamic militants linked to al qaeda trying to defeat the army by seizing military bases. ukraine's jailed former prime minister yulia timoshenko could now be facing a life sentence prosecutors have announced an end to an investigation into the murder of a former ukrainian m.p. and prominent entrepreneur back in o
george cukor constantino over claims that he removed his relatives names from a list of tax evasion suspects called the god list france handed over the names of more than two thousand groups your swiss bank account to cover constituting the claims that he's been made a scapegoat he denies any wrongdoing greece is in the middle of a major tax crackdown right now as it continues to battle its worst ever financial crisis. friday violence in syria has seen a rocket hit a building in the northern...
126
126
Jan 16, 2013
01/13
by
CNNW
tv
eye 126
favorite 0
quote 0
we have a whole tax code that helps states like new york that have higher taxes because they can take it off of their federal income taxes. that has to be part of that, as well. i think we need to help those in need is something we should be doing but if you are not going to spend 80% of the dollars for two years what's the rush? why hurry? get to the direct needs now and that's what i think is important and that's why i offered a transparency amendment that says let's see where the money is going. fema needs reform. we should be reformed it the last two years, a decade ago, after katrina problems and hopefully we can make progress when we do that. >> thank you very much. we appreciate your time. >>> still to come, france has sent more troops in to mali to fight the war there and the united states promises to help. what is help going to mean for american troops? >>> plus an "outfront" investigation, birth tourism. paying women big money to come to the united states and give birth to new american citizens. >>> and president obama goes it alone on gun control. one senator compares the p
we have a whole tax code that helps states like new york that have higher taxes because they can take it off of their federal income taxes. that has to be part of that, as well. i think we need to help those in need is something we should be doing but if you are not going to spend 80% of the dollars for two years what's the rush? why hurry? get to the direct needs now and that's what i think is important and that's why i offered a transparency amendment that says let's see where the money is...
124
124
Jan 16, 2013
01/13
by
KICU
tv
eye 124
favorite 0
quote 0
if you thought that class warfare was bad during the election and during this tax battle, it could get even worse, because under a 2010 law, dodd-frank, public companies are supposed to disclose the relationship between what their ceo makes - that's already public information - but they are supposed to compare it and give a ratio with what their median employee, kind of the typical employee, makes. so this is something that people can compare from company to company just to see how much more - "wow, the ceo makes 300 times more than the typical worker here!" > in some companies it wouldn't be that dramatic - an investment bank, for example. but at other companies - you had mentioned earlier wal-mart - it would be a hugely divergent number. > > take goldman sachs. their ceo makes a lot of money, but there are a lot of people at goldman sachs who also make a lot of money. so the disparity wouldn't be as great maybe as wal-mart or some retailer where you have a ceo who probably makes a lot, but you have a lot of minimum-wage workers. so that is going to be a big disparity. > also in corpo
if you thought that class warfare was bad during the election and during this tax battle, it could get even worse, because under a 2010 law, dodd-frank, public companies are supposed to disclose the relationship between what their ceo makes - that's already public information - but they are supposed to compare it and give a ratio with what their median employee, kind of the typical employee, makes. so this is something that people can compare from company to company just to see how much more -...
146
146
Jan 16, 2013
01/13
by
CSPAN
tv
eye 146
favorite 0
quote 0
it's don't tax me and don't tax me, tax that fella hind the tree. it's always the lower-end people. in order to make $250,000 a year, which they always keep sticking up, you have to make $5,000 a week. and i don't think i ever made $50,000 in one year. jorge: all right. i'm going to leave it at that point and have the congressman respond. gar: i think the gentleman raises an issue. the middle class of this country has essentially had on average a rather stagnant wage. while the very wealthy, on average, the last years have done very well. i mentioned 2010. over 90% of income gregget went to the top 1% -- growth went to the top 1%. so, we in this country have to make a decision. is it everybody on their own? or everybody must pull their weight but we're still a community? host: on twitter -- guest: i think maybe once. but i have voted for many, many, many times and i never have voted to use it as a weapon. i never have used it essentially saying to this country, we cannot -- we don't have to pay our bills and we can shatter the full faith and credit of the united states. host: coming
it's don't tax me and don't tax me, tax that fella hind the tree. it's always the lower-end people. in order to make $250,000 a year, which they always keep sticking up, you have to make $5,000 a week. and i don't think i ever made $50,000 in one year. jorge: all right. i'm going to leave it at that point and have the congressman respond. gar: i think the gentleman raises an issue. the middle class of this country has essentially had on average a rather stagnant wage. while the very wealthy, on...
32
32
tv
eye 32
favorite 0
quote 0
to investigate george packer constant over claims that he removed his relatives names from a list of tax evasion suspects called the god list france handed over the names of more than two thousand greeks with swiss bank accounts of a constant claims that he's a scapegoat though he denies any wrongdoing greece is a major tax crackdown as it battles his worst of a financial crisis. friday violence in syria it's seen a rocket hit a building in the northern city of aleppo and two car bombs explode in the country's south both the rebels and the government blame each other for it three days ago twin blasts of aleppo university killed eighty seven people rebels and islamic militants linked to al qaeda and now targeting military bases across syria tried to defeat president assad's army the u.n. estimating to the number of dead in the conflict has climbed to over sixty. ukraine's jailed former prime minister yulia timoshenko could be facing a life sentence prosecutors have announced an end to an investigation in the into the murder of a former ukrainian m.p. and prominent entrepreneur in one thou
to investigate george packer constant over claims that he removed his relatives names from a list of tax evasion suspects called the god list france handed over the names of more than two thousand greeks with swiss bank accounts of a constant claims that he's a scapegoat though he denies any wrongdoing greece is a major tax crackdown as it battles his worst of a financial crisis. friday violence in syria it's seen a rocket hit a building in the northern city of aleppo and two car bombs explode...
101
101
Jan 14, 2013
01/13
by
MSNBCW
tv
eye 101
favorite 0
quote 0
i've also said that we need more revenue through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it's fair, for example, to ask a senior to pay more for his or her health care or a scientist to shut down life-saving research so that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it's smart to protect endless corporate loopholes and tax breaks for the wealthiest americans rather than rebuild our roads and schools and invest in our worker's skills or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way, where everybody pulls their weight, everyone does t
i've also said that we need more revenue through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision...
253
253
Jan 15, 2013
01/13
by
CNBC
tv
eye 253
favorite 0
quote 0
when we pay our gasoline tax, we spend that money to the federal government. they skim off management fee and then they dole it out all over again to things like a museum dedicated to the packer, a movie about movies about the road for alaska, things like that. airport money, we spend all of this, there's a tax in all of our tickets, and yet all that money goes into a big pile and the vast majority of it does not go to the biggest airports in the country. it goes to the ones that are the most politically connected. you really have to disengage congress and get more private money going directly where they can actually make a profit and you'll get more infrastructure. >> yeah, but donna, i mean, president obama signed the recovery act and spend billions on infrastructure project. did we get our money's worth? what did that money goes toward? >> well, first let me say, we do need some more money. yes, some airports can be built privately, and there's no question we're spending the money in the wrong places, but even if we took all the money going to highways, lik
when we pay our gasoline tax, we spend that money to the federal government. they skim off management fee and then they dole it out all over again to things like a museum dedicated to the packer, a movie about movies about the road for alaska, things like that. airport money, we spend all of this, there's a tax in all of our tickets, and yet all that money goes into a big pile and the vast majority of it does not go to the biggest airports in the country. it goes to the ones that are the most...